(1) If:
(a) a cross - boundary greenhouse gas injection licence is in force over a block or blocks; and
(b) one or more identified greenhouse gas storage formations are wholly situated in the licence area; and
(c) either:
(i) in a case where part of the licence area is in the coastal waters of a State--the State has a compatible cross - boundary law; or
(ii) in a case where part of the licence area is in the coastal waters of the Northern Territory--the Northern Territory has a compatible cross - boundary law;
the licensee may, within the application period, apply to the Titles Administrator for the grant by the Cross - boundary Authority of a greenhouse gas holding lease over the block or blocks.
Note: For application period , see subsection (3).
(2) An application under this section must:
(a) be in the approved form; and
(b) be accompanied by any information or documents required by the form.
(2A) If the approved form requires the application to be accompanied by information or documents, an application under this section is taken to be accompanied by the information or documents if the information or documents are given to the Titles Administrator before the end of the application period.
Note 1: Part 3.8 contains additional provisions about application procedures.
Note 2: Section 427 requires the application to be accompanied by an application fee.
Note 3: Section 429A enables the Titles Administrator to require the applicant to give further information.
Application period
(3) The application period for an application under this section by a licensee is the period of 5 years that began on the day on which the licence was granted.
Variation of application
(4) At any time before an offer document, or a notice of refusal, relating to the application is given to the applicant, the applicant may, by written notice given to the Cross - boundary Authority, vary the application.
(5) A variation of an application must be made in an approved manner.
(6) A variation of an application may be made:
(a) on the applicant's own initiative; or
(b) at the request of the Cross - boundary Authority.
(7) A variation of an application may set out any additional matters that the applicant wishes to be considered.
(8) If an application under this section is varied, a reference in this Act to the application is a reference to the application as varied.
(9) The Titles Administrator must publish on the Titles Administrator's website a copy of the instrument of approval referred to in subsection (5).